The collapse of a developer behind a planned super-prime residential scheme on London’s Victoria Embankment has left main contractor Ant Yapi and consultants owed over £2.6m. A special purpose vehicle, Doulton Development, was set up by Australian developer Thirdi to buy the existing Westminster Tower building so that it could be redeveloped into 28 luxury
Waste Management contractor Sweeptech has acquired road sweeper hire specialist Go Plant after the firm went into administration last week. The pre-pack deal was completed by administrators from Alvarez & Marsal Europe who sold a number of depots to Go Plant saving 116 jobs. Not all of Go Plant’s depots were sold with some shutting
Online retail giant Amazon has confirmed plans to build a £500m super-shed at the the giant SEGRO Logistics Park site near junction 15 of the M1. The decision marks Amazon’s return to the Big-Box building market in the UK after expansion plans went on hold two years ago in a belt-tightening exercise. Amazon said the
Costain’s key account director for National Highways Paula Gough has left the contractor to join engineering design consultant Buro Happold. She has taken the role of UK Development Director for Infrastructure after two and a half years as part of Costain’s Highways Senior Leadership Team. Gough will lead Buro’s infrastructure growth strategy for the UK
Traffic management specialist SRL Traffic Systems has appointed Mark Eburne as chief executive officer. The seasoned CEO has 25 years’ senior leadership experience and has worked extensively throughout the utilities, hire and construction sectors. He will bring considerable commercial expertise, which will be beneficial to SRL as it continues its growth journey. Eburne joins SRL
Conquip has developed a new excavation method that significantly enhances the efficiency and safety of construction projects. Conquip BulkX can handle large volumes of material, discharging into muck bays or directly into muck away trucks, rapidly and safely. The Smart-Release BulkX is the latest addition that Conquip launched this year. Fully-electric and remote-operated, this versatile
Construction buyers reported another rise in business activity in April with commercial building work leading the way. The bellwether S&P Global UK Construction Purchasing Managers’ Index posted 53.0 in April, up from 50.2 in March. The index was in positive territory for the second month running and signalled the strongest pace of expansion since February
Southampton offsite specialist Go Modular Technologies UK has filed a notice of intention to appoint an administrator. The firm specialises in bespoke modular construction from rooftop extensions to existing buildings to multi-storey new build flats. According to latest accounts for 2023, the volumetric timber frame producer employed around 60 staff from its South Hampshire Industrial Park
Cladding specialist Alucraft Systems Ltd crashed into administration owing more than £7.7m to suppliers and subcontractors. The Staffordshire based contractor called in administrators from PwC in March who have now posted an update at Companies House on the firm’s finances. It reveals that the supply chain is owed £7.7m with little chance of unsecured creditors
Legacy fire safety work continues to be a drag on Rydon Group’s financial performance. Revenue across the parent group fell by nearly a third last year to £64m with the group managing to generate a £560,000 pre-tax profit following a £11m contribution from Rydon Homes. Rydon Construction, which has been wound down with the exception
